Annuity rates would have to improve by at least 6% from today's rates to make any delay in purchasing a retirement income worthwhile, says a new report.
A third of Brits believe 'Generation Y' - young adults aged between 18 and 31 - will struggle the most to save for retirement.
Over a quarter (27%) of international employees are concerned about the possibility of having to work longer than they wanted to due to financial constraints later in life, a report from HSBC reveals.
One in seven workers has no idea when they will be able to retire, according to research from Barings Asset Management.
The amount of people planning to sell their property to fund their retirement has risen by 4%, according to research commissioned by Baring Asset Management, making it the highest number since 2009.
A surprisingly low percentage of consumers consult an adviser on a regular basis regarding their pension planning, according Aegon research.